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(profile) SMBA head nominee

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(Globalpost/GlobalPost)

SEOUL, March 21 (Yonhap) -- South Korean President Park Geun-hye's nominee to head the government body in charge of small and medium enterprises is widely known as an expert on small firms and venture companies.

Han Jung-wha, dean of Seoul's Hanyang University Business School, earned a master of business administration degree and a doctoral degree in business administration from the University of Georgia.

Han had a one-year stint at Hyundai Heavy Industries Co., the world's largest shipbuilder, in 1977 before moving to the country's top science university KAIST where he worked until 1989 as a research fellow.

The 59-year-old also served as the head of several private bodies handling issues of smaller firms and venture companies.

Presidential spokesman Yoon Chang-jung described the nominee as an expert on policy for venture-backed startups and smaller firms.

The nomination came three days after the former nominee to head the Small and Medium Business Administration withdrew his nomination due to a law that required him to place his corporate holdings in a "blind trust" during his time in office.

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http://www.globalpost.com/dispatch/news/yonhap-news-agency/130321/profile-smba-head-nominee